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Bitcoin and Ethereum Struggle, ADA and AXS Surge

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Cryptonews

Mon, Jan 17, 2022

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Aliens TLDR

On the downside, an initial support is near the USD 42,500 level.

The next key support is near the USD 40,500 level.

If there is a fresh increase, an immediate resistance is near the USD 43,500 level.

The next major resistance is near USD 44,000, above which the price might gain bullish momentum.

An initial support is near the USD 3,250 level.

The next major weekly support is near USD 3,200, below which the price might decline further.

The price is now trading near the USD 0.172 level.

If there are more downsides, the price could test the USD 0.160 level.

An immediate support is near the USD 0.75 level, below which the bears might push the price to USD 0.72.

Any more downsides could lead the price towards the USD 0.68 level.

Overall, bitcoin price is consolidating near the USD 43,000 level.

To start a fresh increase, BTC must break the USD 43,500 and USD 44,000 resistance levels in the near term.

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